Wednesday, December 11, 2019

DT 17 / 2010

Bowing to Swedish pressure, IFAD chief gives up ‘luxury’ mansion

The President of IFAD, who has reportedly had an annual housing budget of EUR 400,000, has been forced to vacate his mansion in Rome by January 2011. Outraged by the exorbitant living expenses of the head of the UN’s agricultural fund, Sweden and other donors have put their foot down.

Nordics call for World Bank to respond on critique of Ethiopia aid

Nordic donors deny that there is “systematic” political misuse of aid in Ethiopia, as claimed by Human Rights Watch in a recent report.  They say there is no need for independent scrutiny of bilateral aid. But they have asked the World Bank to review its largest programme in Ethiopia.

German bank steps in, saves Norwegian mixed credit scheme

Approval of a USD 95 million KfW credit frame saves 12 projects in Vietnam that have languished in the Norwegian mixed credits scheme for years.

Climate aid could secure first step in massive dam in the Amazon

The Amaila Falls hydropower project, which Guyana plans to build with Norwegian climate aid financing, is the first stage in a much larger scheme which would flood Amerindian lands and destroy large areas of rainforest, according to a report prepared for Survival International.

Nordics worry about Mekong mainstream dams

A Mekong River Commission study calls for a ten-year moratorium on Mekong mainstream hydropower development, citing fears that dams will destroy fisheries and impact on the food security of millions. Nordic donors, which provide half the commission's funding, are “greatly concerned”.